Tanwar Enterprises Pty Ltd v Cauchi; 7 Oct 2003

References: (2003) 217 CLR 315, [2003] HCA 57
Links: Austlii
Coram: Gleeson CJ, McHugh, Gummow, Kirby, Hayne, Callinan, Heydon JJ
High Court of Australia – Vendor and purchaser – Contracts for sale of land – Default by purchaser – Notice of termination – Supplemental deed requiring completion by stipulated date – Time of essence – Default by purchaser – Notice of termination – Purchase price available following day – Specific performance – Whether unconscientious for vendors to exercise right of termination – Whether relief on the ground of ‘accident’ available in face of essential time stipulation.
Equity – Relief against forfeiture – Contracts for sale of land – Default by purchaser – Whether unconscientious for vendors to exercise right of termination – Whether default occasioned by ‘accident’ – Whether relief on the ground of ‘accident’ available in face of essential time stipulation.
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Last Update: 25-Oct-15 Ref: 553537